Lender's spread is the fly in the ointment and it varies significantly from lender to lender.

The interest rate for a commercial property is comprised of an index, such as the 10-year T-bill, and the lenders spread. Lenders spread variance in pricing is due to the lack of three critical issues that need to be addressed about the property:

• Market Conditions
• Property Operating Performance
• Property Condition and Characteristics

These three issues will apply and vary from one property to another. Every commercial property type, including office, retail, industrial, self storage, mobile home park, mixed use, hotel, healthcare, and 5+ unit multifamily need to address these 3 issues in their loan package in order for the lender to narrow down the pricing into the most favorable rate.

If the mortgage broker does not address these three issues in their loan package, then there is no way for a lender to narrow down the pricing or lock your borrower into the most favorable rate.

For more information and/or quotes from multiple lenders click here:   http://1stop-mortgage.com/commercial-loans.htm